Where in europe? Banks are vastly different and there is no banking union. and t... | Hacker News

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		buboard on Oct 12, 2019 \| parent \| context \| favorite \| on: Visa, Mastercard, Stripe, and eBay exit Facebook’s... Where in europe? Banks are vastly different and there is no banking union. and they have failed in the past

TazeTSchnitzel on Oct 12, 2019 [–]

There is not a “banking union” in the sense of deposit protection, but the Single Euro Payments Area means transfers between any two Eurozone banks are no different than between banks in the same country.

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